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Aldar Properties PJSC (ADX:ALDAR) Cyclically Adjusted Price-to-FCF : 10.30 (As of May. 01, 2024)


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What is Aldar Properties PJSC Cyclically Adjusted Price-to-FCF?

As of today (2024-05-01), Aldar Properties PJSC's current share price is د.إ5.46. Aldar Properties PJSC's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was د.إ0.53. Aldar Properties PJSC's Cyclically Adjusted Price-to-FCF for today is 10.30.

The historical rank and industry rank for Aldar Properties PJSC's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

ADX:ALDAR' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 2.74   Med: 5.92   Max: 11.62
Current: 9.8

During the past years, Aldar Properties PJSC's highest Cyclically Adjusted Price-to-FCF was 11.62. The lowest was 2.74. And the median was 5.92.

ADX:ALDAR's Cyclically Adjusted Price-to-FCF is ranked better than
58.53% of 680 companies
in the Real Estate industry
Industry Median: 12.46 vs ADX:ALDAR: 9.80

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

Aldar Properties PJSC's adjusted free cash flow per share data for the three months ended in Dec. 2023 was د.إ0.061. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is د.إ0.53 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Aldar Properties PJSC Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Aldar Properties PJSC's Cyclically Adjusted Price-to-FCF can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Aldar Properties PJSC Cyclically Adjusted Price-to-FCF Chart

Aldar Properties PJSC Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.87 4.83 6.44 7.60 10.18

Aldar Properties PJSC Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted Price-to-FCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7.60 9.28 10.27 11.12 10.18

Competitive Comparison of Aldar Properties PJSC's Cyclically Adjusted Price-to-FCF

For the Real Estate - Development subindustry, Aldar Properties PJSC's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Aldar Properties PJSC's Cyclically Adjusted Price-to-FCF Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Aldar Properties PJSC's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Aldar Properties PJSC's Cyclically Adjusted Price-to-FCF falls into.



Aldar Properties PJSC Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

Aldar Properties PJSC's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=5.46/0.53
=10.30

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Aldar Properties PJSC's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Aldar Properties PJSC's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.061/129.4194*129.4194
=0.061

Current CPI (Dec. 2023) = 129.4194.

Aldar Properties PJSC Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.555 99.695 0.720
201406 -0.024 100.560 -0.031
201409 0.098 100.428 0.126
201412 0.210 99.070 0.274
201503 0.208 99.621 0.270
201506 0.238 100.684 0.306
201509 0.223 100.392 0.287
201512 0.085 99.792 0.110
201603 0.038 100.470 0.049
201606 -0.014 101.688 -0.018
201609 0.074 101.861 0.094
201612 0.136 101.863 0.173
201703 0.503 102.862 0.633
201706 -0.002 103.349 -0.003
201709 -0.046 104.136 -0.057
201712 0.216 104.011 0.269
201803 -0.072 105.290 -0.089
201806 -0.133 106.317 -0.162
201809 0.019 106.507 0.023
201812 0.160 105.998 0.195
201903 -0.050 107.251 -0.060
201906 0.050 108.070 0.060
201909 0.073 108.329 0.087
201912 0.076 108.420 0.091
202003 0.019 108.902 0.023
202006 -0.115 108.767 -0.137
202009 0.131 109.815 0.154
202012 0.128 109.897 0.151
202103 0.037 111.754 0.043
202106 0.294 114.631 0.332
202109 0.054 115.734 0.060
202112 0.338 117.630 0.372
202203 0.012 121.301 0.013
202206 0.260 125.017 0.269
202209 -0.155 125.227 -0.160
202212 0.410 125.222 0.424
202303 -0.113 127.348 -0.115
202306 0.040 128.729 0.040
202309 0.376 129.860 0.375
202312 0.061 129.419 0.061

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Aldar Properties PJSC  (ADX:ALDAR) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


Aldar Properties PJSC Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of Aldar Properties PJSC's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Aldar Properties PJSC (ADX:ALDAR) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Al Raha Beach, P.O. Box 51133, Abu Dhabi, ARE
Aldar Properties PJSC is a general real estate company. Its operating segment includes Property development and sales; Project management services; Investment properties; Hospitality and leisure; Education and Principal investments. The company generates maximum revenue from the Property development and sales segment.

Aldar Properties PJSC (ADX:ALDAR) Headlines

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